Economic integration

Economic Integration Committee adopts flexible action plan

The Economic Integration Committee has approved an action plan to provide actual data on the beneficiaries of more than 400,000 companies registered in the United Arab Emirates. This is to ensure compliance with international standards as stipulated in the ministerial resolution, according to which companies are required to create a register of the real beneficiary […]

Economic integration

Economic integration of the Western Balkans – why is it necessary?

For the six economies of the Western Balkans, regional cooperation is proclaimed as a condition of their journey towards European integration. Stability Pact, Regional Cooperation Council, CEFTA, RYCO, Energy Community and Transport Community as well as the Berlin Process from 2014 are some of the initiatives and organizations created to achieve this goal. But, of […]

Economic integration

President Xi calls for economic integration, opposes new “cold war” and ideological confrontation at Boao Forum

The Boao International Conference Center in Boao, Hainan Province (southern China). (File photo: Xinhua) Chinese President Xi Jinping called for greater global economic integration and warned of a new “cold war” and a new ideological confrontation in “any form” at the opening ceremony of the Boao Forum for Asia (BFA) 2021. The four-day annual conference, […]

Economic integration

Africa must step up economic integration: report

ANKARA Africa must step up productive and infrastructural integration as part of the process of economic recovery from COVID-19, a report suggested. The African Regional Integration Index (ARII), a joint publication of the United Nations Economic Commission for Africa, the African Development Bank and the African Union Commission, provides up-to-date data on the state of […]

Economic integration

Definition of economic integration

What is economic integration? Economic integration is an arrangement among nations that typically includes the reduction or elimination of trade barriers and the coordination of monetary and fiscal policies. Economic integration aims to reduce costs for both consumers and producers and to increase trade between the countries covered by the agreement. Economic integration is sometimes […]

Economic integration

NDS1 positions Zimbabwe for regional economic integration gains

The Chronicle Prosper Ndlovu, business writerThe National Development Strategy (NDS1), the country’s new five-year development roadmap, will play a key role in positioning Zimbabwe for increased gains within the framework of regional economic integration, said the Minister of Finance and Government. Economic Development, Professor Mthuli Ncube. This comes as the government is seriously focusing its […]

Economic integration

Expansion of CPTPP conducive to regional economic integration

Illustration: Tang Tengfei / GT As one of the world’s leading free trade blocs, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is about to see a new candidate – the UK which has just left the EU. . The accession of more members will strengthen the scope of the agreement, accelerate economic and […]